NOT LISTED FOR SALE

1010 Smith Dr Arnold, MD 21012

Estimated Value: $835,000 - $1,516,000

4 Beds
2 Baths
2,142 Sq Ft
$524/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $750,000 $350 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,525/month

Highlights

  • 50 Feet of Waterfront
  • Boat Ramp
  • Beach
  • Magothy River Middle School Rated A-
  • 1 Dock Slip
  • Pier

About This Home

As of June 2015

Outstanding waterfront perched on the Magothy River on protected Lake Placid w/private pier, 2 slips(8000 LB Lift) & floating dock. Home has inviting open floor plan,wood flrs,updated kitchen w/granite/SS appliances, sunroom w/floor to ceiling windows, wrap around deck w/ awnings, 2 car detached garage on large level lot. Walk to beach,clubhouse/tot lot & basketball courts.(GEOTHERMAL HVAC)

Last Agent to Sell the Property

June Steinweg

(410) 353-4157 june.steinweg@lnf.com Long & Foster Real Estate, Inc. Listed on: 10/07/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jan Flaherty

(410) 703-5269 jflaherty@ttrsir.com TTR Sotheby's International Realty License #585166

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,353

Year Built

  • Built in 1986

Lot Details

  • 0.46 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Woods
  • Garden

Home Design

  • Cape Cod Architecture
  • Cedar

Interior Spaces

  • 2,142 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Heatilator
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Six Panel Doors
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Up Access
  • Side Exterior Basement Entry
  • Sump Pump
  • Space For Rooms
  • Basement with some natural light

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Bulkhead
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Lake Privileges
  • Balcony
  • Deck
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Cooling System Utilizes Bottled Gas
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Listing and Financial Details

  • Tax Lot 148
  • Assessor Parcel Number 020374929072958

Community Details

Overview

  • No Home Owners Association
  • Shore Acres Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Boat Ramp
  • Beach
  • Community Basketball Court
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,353

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Remarks Public: Outstanding waterfront perched on the Magothy River on protected Lake Placid w/private pier, 2 slips(8000 LB Lift) & floating dock. Home has inviting open floor plan,wood flrs,updated kitchen w/granite/SS appliances, sunroom w/floor to ceiling windows, wrap around deck w/ awnings, 2 car detached garage on large level lot. Walk to beach,clubhouse/tot lot & basketball courts.(GEOTHERMAL HVAC)
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned, Dryer
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Island, Crown Moldings, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Wainscotting, Wood Floors, Recessed Lighting, Floor Plan - Traditional, Floor Plan - Open
  • Window Features: Skylights
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Heatilator, Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Six Panel, Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings, 2 Story Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Side Entrance, Outside Entrance, Sump Pump, Daylight, Partial, Improved, Partially Finished, Space For Rooms, Walkout Stairs
  • Living Area Units: Square Feet
  • Total Sq Ft: 2142
  • Living Area Sq Ft: 2142
  • Price Per Sq Ft: 359.01
  • Above Grade Finished Sq Ft: 2142
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1010

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape
  • View: Water, Garden/Lawn, Trees/Woods
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: LAKE PLACID/ MAGOTHY RIVER
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric, Geothermal
  • Cooling Type: Ceiling Fan(s), Geothermal, Zoned
  • Heating Fuel: Geo-Thermal, Bottled Gas/Propane
  • Heating Type: Geothermal Heat Pump, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Boat Ramp, Club House, Lake, Meeting Room, Picnic Area, Tot Lots/Playground, Water/Lake Privileges
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 171700.00
  • Land Assessed Value: 307400.00
  • Lot Features: Bulkheaded, Cul-De-Sac, Landscaping, No Thru Street
  • Lot Size Acres: 0.46
  • Lot Size Area: 19999
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19999.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15252835
  • Tax Annual Amount: 5352.51
  • Assessor Parcel Number: 020374929072958
  • Tax Lot: 148
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/22/2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2014
Closed on
Jun 22, 2015
Sold by
Ritter Cathy A and Ritter Kevin J
Bought by
Smyser Jamilyn J
Seller's Agent
June Steinweg
Long & Foster Real Estate, Inc.
Buyer's Agent
Jan Flaherty
TTR Sotheby's International Realty
List Price
$769,000
Sold Price
$750,000
Premium/Discount to List
-$19,000
-2.47%
Current Estimated Value
$1,122,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,666
Avg. Annual Appreciation
3.97%
Original Mortgage
$640,000
Outstanding Balance
$497,108
Interest Rate
3.83%
Mortgage Type
VA
Estimated Equity
$625,558

Purchase Details

Listed on
Mar 16, 2012
Closed on
Jun 26, 2012
Sold by
Fromal Patrick G and Fromal Kimberley S
Bought by
Ritter Cathy A and Ritter Kevin J
Seller's Agent
June Steinweg
Long & Foster Real Estate, Inc.
Buyer's Agent
David Moore
Real Broker, LLC
List Price
$749,000
Sold Price
$687,000
Premium/Discount to List
-$62,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$549,600
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Merryman Richard W
Bought by
Fromal Patrick G and Fromal Kimberley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2006
Sold by
Merryman Richard W
Bought by
Fromal Patrick G and Fromal Kimberley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1987
Sold by
Paloma Design Inc
Bought by
Merryman Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
9.09%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smyser Jamilyn J $750,000 Progressive Title Corp
Ritter Cathy A $687,000 First American Title Ins Co
Fromal Patrick G $760,000 --
Fromal Patrick G $760,000 --
Merryman Richard W $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smyser Jamilyn J $640,000
Previous Owner Ritter Cathy A $549,600
Previous Owner Fromal Patrick G $608,000
Previous Owner Fromal Patrick G $608,000
Previous Owner Merryman Richard W $182,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2015 06/22/15 Sold $750,000 -2.5% $350 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
10/08/2014 10/08/14 For Sale $769,000 +2.5% $359 / Sq Ft
10/07/2014 10/07/14 Off Market $750,000 -- --
10/07/2014 10/07/14 For Sale $769,000 +11.9% $359 / Sq Ft
06/26/2012 06/26/12 Sold $687,000 -1.8% $477 / Sq Ft View Prior Sale
05/21/2012 05/21/12 Pending -- -- --
05/01/2012 05/01/12 Price Changed $699,500 -6.6% $486 / Sq Ft
03/16/2012 03/16/12 For Sale $749,000 -- $520 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,639 $860,000 -- --
2024 $7,639 $785,600 $489,900 $295,700
2023 $6,931 $780,733 $0 $0
2022 $7,012 $775,867 $0 $0
2021 $13,792 $771,000 $489,900 $281,100
2020 $6,707 $732,633 $0 $0
2019 $6,563 $694,267 $0 $0
2018 $6,651 $655,900 $428,700 $227,200
2017 $6,083 $596,967 $0 $0
2016 -- $538,033 $0 $0
2015 -- $479,100 $0 $0
2014 -- $479,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003224058

Bright MLS

APN: 03-749-29072958